18.03.01 EURGBP D.png

EURGBP showing a bullish engulfing to close the day. While this trade to the upside may have limited upside on the daily given the downward channel price is currently in, there is a potential for an aggressive trade on the intra days.

18.03.01 EURGBP 1H.png

The 1H is showing a break of the trend line in place with the EMAs beginning to turn up. Possible opportunity at a retest of the trend line in line with the EMAs with a tightened stop.